Elixir; the issuer of deUSD - a fully collateralized, yield-bearing synthetic dollar - has launched a Principal Token (PT-esdeUSD) on Silo, bridging TradFi & DeFi. This innovation allows Elixir's high-quality, yield-bearing asset to be used for fixed-rate lending and borrowing, enhancing capital efficiency and unlocking new on-chain composability. For Elixir’s esdeUSD PT strategy; EO Network supports with both Spectra & Pendle.

Elixir is the most widely adopted network for RWAs, seamlessly integrating funds from BlackRock, Hamilton Lane and other premier institutions into DeFi via deUSD. The Elixir network is secured by over 10,000 global validators, establishing deUSD as the primary on-ramp for RWA assets to enter the crypto economy. Elixir has chosen EO Network as its trusted oracle provider for PT tokens, recognizing EO's industry leadership in supporting yield-bearing assets & unlocking yield strategies - delivering reliable and secure data feeds, while supporting the PT-esdeUSD market.

Elixir is both a chain and a stablecoin issuer trusted by leading RWAs. To dive deeper into the project, you can explore their documentation and website.

Understanding Principal Tokens (PTs)

Principal Tokens (PTs) represent the principal portion of a yield-bearing asset. When you deposit a yield-bearing asset, like Elixir's deUSD, into a protocol such as Pendle, it is split into a PT and a Yield Token (YT). The PT entitles you to receive the principal back at a future maturity date, while the YT entitles you to the yield generated by the asset over the same period. This mechanism allows for the creation of fixed-rate instruments, enabling users to lock in a guaranteed return on their principal.

To learn more about the mechanics of Principal Tokens, you can read our detailed blog post: Understanding Principal Tokens (PT): Fixed-Yield Instruments in DeFi

Powered by EO Network

The partnership with Elixir supports the continued growth of the DeFi & RWA ecosystems by enabling institutional-grade assets to be integrated on-chain.

• Elixir Network: A network designed to power high-throughput liquidity use cases, particularly institutional DeFi and real-world asset integration.

• deUSD: deUSD is Elixir’s natively yield-bearing stablecoin, serving as the rails for institutional assets to enter DeFi, while maintaining isolated asset exposure. Through direct integrations with fund issuers, deUSD enables RWA assets to enter the crypto economy natively, unlocking onchain composability for leading asset managers such as BlackRock, Hamilton Lane, and Apollo Global. deUSD accrues yield from a mix of U.S Treasuries and funding rate yield, offering a secure and capital-efficient alternative to traditional stablecoins.

• Powered by EO Network: EO provides reliable and secure oracle feeds for PTs, ensuring the accuracy and security of the PT-esdeUSD market. EO Network is currently the market leader for PT tokens by pendle & spectra on morpho, euler, silo across multiple chains.

Why EO Network?

Elixir utilizes EO Network's oracle services to provide accurate and secure price feeds for its PT-esdeUSD market. This ensures that the market operates with reliable data, a critical component for risk management and fair value assessment of the underlying yield-bearing assets.

EO Network was designed from the ground up for modular, decentralized oracle services. EO separates security and data layers to let domain experts build secure, high-quality feeds on battle-tested oracle infra; without compromising on decentralization. Our flagship product, ePRICE, provides real-time, verifiable pricing to any on-chain protocol. EO's modular design allows seamless deployment across networks while maintaining integrity, decentralization and performance.

With EO Network powering price feeds on Elixir:

• Asset issuers gain secure pricing infrastructure to support on-chain lending, insurance and payments

• Composability becomes possible between DeFi apps, enabling new layers of yield and financial utility

• The RWA ecosystem on Elixir has the trust-minimized infrastructure it needs to scale

Build with EO Network on Elixir (and more).

EO Network is fully live on Elixir and open to all builders. To integrate, start with the EO Network integration guide or follow the links below

• Website: eo.app

• Price feed addresses: https://docs.eo.app/docs/eprice/feed-addresses/

• Community hub: link3.to/eoracle